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if you watch what happened on the fiscal cliff, if you watch the way he is handling the debt ceiling, i think he understands that he has a lot of high cards he is going to play those, and the republicans are in some disarray here. tom cole in the house leadership say half the republicans voted against the fiscal cliff deal secretly hoped it passed. we've entered a new kind of framework. guns are a different story. it's going to be tough, maybe impossible to pass all the different stuff the president proposed, and some like the background checks, 90% of americans are for them. nra numbers are for them. one really big thing is happening. the old line that this is about conphysician cat iing people's guns taking guns away from hunters has been opposed because this has been too vivid a tragedy, and the president has been so swift and so clear. >> and anybody who goes back and looks at the heller case, the d.c. gun case, knows that the supreme court has made it very clear this is want about confiscating your guns, but some restrictions on military weapons are quite legal and constitutional
if you watch what happened on the fiscal cliff, if you watch the way he is handling the debt ceiling, i think he understands that he has a lot of high cards he is going to play those, and the republicans are in some disarray here. tom cole in the house leadership say half the republicans voted against the fiscal cliff deal secretly hoped it passed. we've entered a new kind of framework. guns are a different story. it's going to be tough, maybe impossible to pass all the different stuff the...
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Jan 22, 2013
01/13
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the budget, the most immediate problem, tomorrow the house is voting on this extended debt ceiling and this is to avoid a confrontation in the short-term, but the large ers issues remain. >> that was quite a performance saying don't go there. i got this one, and they backed away. that has been lost in the excitement over the last couple of days. it just gets kicked down the road, and can you tell from his speech yesterday that he has -- the democratic coalition is in no mood to give an inch on spending, and it remains the big problem whether you really, democrat or republican, on the budget because it was unaddressed in the last round. you can tell the republicans want to get at it. if that was a sign of compromise yesterday, it was the shortest one sentence sign that i have ever seen. so a fight is come. >> a fight is coming, and we all know that you can not do it without dealing with the main entitlements. there is no way -- >> well, that's exactly right. >> there is no way at this stage without -- >> dealing with that. in that speech he made it very clear where he said -- >> he is n
the budget, the most immediate problem, tomorrow the house is voting on this extended debt ceiling and this is to avoid a confrontation in the short-term, but the large ers issues remain. >> that was quite a performance saying don't go there. i got this one, and they backed away. that has been lost in the excitement over the last couple of days. it just gets kicked down the road, and can you tell from his speech yesterday that he has -- the democratic coalition is in no mood to give an...
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Jan 18, 2013
01/13
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one, you're right, the debt ceiling and the cr that becomes due on march 27th. the cr might be a better place to use that leverage. one place or another, we need to decide that both sides need to come to the table of commonsense and put america on a better course to economics. >> thank you for being with me. >> thank you. >> for more, tune in to "your money" this saturday at 1:00 p.m. brooke, back to you. >> just in this final minute while i have you, if you watch this oprah winfrey interview with lance armstrong, or even if you didn't, all you have to do is be on twitter because the tweets were aflying. i want to yell and scream about lance. but he is now truly irrelevant to my wife. my young kids will on know him as a cheater. armstrong is right that the culture was rife with cheating, what set him apart was he tried to destroy anyone who told the truth. when is the oprah interview where lance armstrong confesses to lying in his oprah interview. just a couple of the tweets there. thank you so much for watching today. as always, check out the brooke blog, see t
one, you're right, the debt ceiling and the cr that becomes due on march 27th. the cr might be a better place to use that leverage. one place or another, we need to decide that both sides need to come to the table of commonsense and put america on a better course to economics. >> thank you for being with me. >> thank you. >> for more, tune in to "your money" this saturday at 1:00 p.m. brooke, back to you. >> just in this final minute while i have you, if you...
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Jan 19, 2013
01/13
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there's an upcoming one with the debt ceiling. ep has to acknowledge this not so pretty reality in the washington as he gives a speech that's supposed to be inspirational. >> the reality is the same congress he was working with on friday will be the same congress he's working with come tuesday despite the speech. we'll watch closely to see more details coming up. thank you so much. we'll watch more of this ahead. >> we always know security is tight in washington, but for the inauguration, it is as tight as it can possibly get, like the motherload of security here. joe johns is here with us to talk about the whole situation. what are we seeing? >> well, john, first of all, there are probably going to be something like 12,000 security people that we know of in and around the national mall for all of the events. so let's break that down a little bit. there are about 4,000 d.c. police officers all of whom will be available for security, different shifts probably working between 12 and 1 hours on sunday and on monday. we have something
there's an upcoming one with the debt ceiling. ep has to acknowledge this not so pretty reality in the washington as he gives a speech that's supposed to be inspirational. >> the reality is the same congress he was working with on friday will be the same congress he's working with come tuesday despite the speech. we'll watch closely to see more details coming up. thank you so much. we'll watch more of this ahead. >> we always know security is tight in washington, but for the...
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Jan 18, 2013
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one, you're right, the debt ceiling and the cr that becomes due on march 27th. the cr might be a better place to use that leverage. one place or another, we need to decide that both sides need to come to the table of commonsense and put america on a better course to economics. >> thank you for being with me. >> thank you. >> for more, tune in to
one, you're right, the debt ceiling and the cr that becomes due on march 27th. the cr might be a better place to use that leverage. one place or another, we need to decide that both sides need to come to the table of commonsense and put america on a better course to economics. >> thank you for being with me. >> thank you. >> for more, tune in to
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Jan 15, 2013
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raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get through the debt ceiling debate, continuing resolution. it's going to be bumpy. we'll take full advantage of a market falldown during that period because you've got three main things going for you. housing turning for real, not just an inventory real liquiification and foreclosures. all that have stuff turning for real. it will turn into unemployment back half of the year. a little better transparency on fiscal policy. not necessarily the fix but the transparency. business cap "x" second half of the year and every single central bank in t
raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get...
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Jan 17, 2013
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chatter today that maybe the republicans won't go down to the wire and contest the debt ceiling increase. all these things have swept away a lot of nagging concerns and the next thing to worry about is people don't know exactly what the next thing to worry about s is. >> let's turn it over to you. what are you expecting throughout the rest of this earnings season. we haven't had any major blowoffs, but we're not talking about, you know, that great a situation in terms of revenue growth, right? how would you characterize the earnings period? >> well, i think this is really important. all of this is about expectations. we're coming out of this period where investors have ripped a quarter of a trillion dollars out of stocks in favor of bonds. now they are looking at that three-year performance number of let's say the aggregate bond index and the stock market, and they are saying, you know what? earnings, fiscal cliff, all of these things that have kept me on the sidelines, truthfully the expectations just aren't that high. we've already walked down the q4 numbers very quietly, and keep in m
chatter today that maybe the republicans won't go down to the wire and contest the debt ceiling increase. all these things have swept away a lot of nagging concerns and the next thing to worry about is people don't know exactly what the next thing to worry about s is. >> let's turn it over to you. what are you expecting throughout the rest of this earnings season. we haven't had any major blowoffs, but we're not talking about, you know, that great a situation in terms of revenue growth,...
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Jan 18, 2013
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and that debt ceiling crisis may be delayed until the spring. the house is reportedly getting set to vote on a three-month extension until next week and what that does is sets up a big fight on budget and spending cuts which could embroil the economy and stock market in a new round of uncertainty but it kicks that can down the road, so is that why stocks are a bit tempered today? we'll take a look at that. the dow right now up 12 points. we are flirting with those five and a half year highs, 13,610 and change would be that five and a half year high so we're just pleau that right now. the nasdaq down another eight points at the moment at 3127 and technology among the groups suffering today. the s&p, again, here we go again. any positive close for the standard & poor's 500 would be another five and a half year high for the s&p. let's take a closer look at the markets in today's closing bell exchange with our guests. andres, you and i were talking about the markets earlier. what do you think? getting ahead of ourselves with the rallies we've had so
and that debt ceiling crisis may be delayed until the spring. the house is reportedly getting set to vote on a three-month extension until next week and what that does is sets up a big fight on budget and spending cuts which could embroil the economy and stock market in a new round of uncertainty but it kicks that can down the road, so is that why stocks are a bit tempered today? we'll take a look at that. the dow right now up 12 points. we are flirting with those five and a half year highs,...
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Jan 15, 2013
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this time it's called the debt ceiling debate. former senator alan simpson is co-founder of the campaign to fix the debt and the former debt commissioner co-chair. he's been an outspoken advocate of getting our spending under control, and he joins us right now in a cnbc exclusive. senator, good to have you on the program. thanks for joining us. >> it's a pleasure always doing that with you. >> we've read simpson/bowles. know you recommend spending cuts, but do you believe the gop should be using the debt ceiling as a leverage point to get to the president to agree to the cuts? >> i think that would be a grave mistake. i don't think that would solve anything. i know they are going to try it, and how far they will go with the guam of chicken, i have no idea, but i can tell you can't -- you really can't -- this is stuff that we've already indebted ourselves. i mean, if you're a real conservative, really honest conservative without hypocrisy, you would want to pay your debt, and that's what this is. they are not running up anything ne
this time it's called the debt ceiling debate. former senator alan simpson is co-founder of the campaign to fix the debt and the former debt commissioner co-chair. he's been an outspoken advocate of getting our spending under control, and he joins us right now in a cnbc exclusive. senator, good to have you on the program. thanks for joining us. >> it's a pleasure always doing that with you. >> we've read simpson/bowles. know you recommend spending cuts, but do you believe the gop...
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Jan 17, 2013
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. >> now the debt ceiling and then it's sequester and the continuing resolution. we go from this cliff to that cliff, and we don't deal with the problem. if we deal with the problem, there's so many assets in america. we can grow our way out of this. >> let me ask you about getting out of a problem and for many it's regular laying. after the 2008 upset, the banking sector has faced much higher regulation. things are changing quite a bit. we're no longer riding a wave of deregulation, quite the opposite. talk to us about the regulatory environment and how you see it. >> clearly regulations increased. we have dodd/frank with, you know, thousands of pages. let's be honest about it. there were some bad actors prior to 2008. i'm all in favor of good solid regulation with regulators who have real teeth and can make things happen. what i don't want to have happen is excessive regulation that stands in the way of us serving our customers. i mean -- >> what's excess? what's one rule that you think is excess? >> i don't know what it's going to look like but look at volcker.
. >> now the debt ceiling and then it's sequester and the continuing resolution. we go from this cliff to that cliff, and we don't deal with the problem. if we deal with the problem, there's so many assets in america. we can grow our way out of this. >> let me ask you about getting out of a problem and for many it's regular laying. after the 2008 upset, the banking sector has faced much higher regulation. things are changing quite a bit. we're no longer riding a wave of...
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will we avoid the debt ceiling cliff? house republicans will consider a plan to extend the debt limit deadline. why that may set up an entirely different kind of cliff. we'll take you live to washington and john haar woovmtd flagged this in my observation yesterday. should the eligibility age to social security be increased to 70 years old since americans are living a lot longer than they did when the social security program was first set up? stick around for a heated debate and the body of a million dollar lottery winner murdered by cyanide poisoning right after he won has been exhumed. the medical examiner is talking, and we'll have the very latest developments of what went on. stay with us. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does
will we avoid the debt ceiling cliff? house republicans will consider a plan to extend the debt limit deadline. why that may set up an entirely different kind of cliff. we'll take you live to washington and john haar woovmtd flagged this in my observation yesterday. should the eligibility age to social security be increased to 70 years old since americans are living a lot longer than they did when the social security program was first set up? stick around for a heated debate and the body of a...
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Jan 21, 2013
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they're saying, we're going to let you raise the debt ceiling, mr. president, if you agree in three months to come up with a budget? you hate that idea? >> i don't like it because how long does it take to come up with a budget? you can come up with a budget -- they've been doing budgets for the last six years and we don't come up with budgets. they haven't come up with a budget -- i was looking just before in the senate, we haven't come up with a budget in years. how long does it take? >> gretchen: they don't want to. they voted, i think it was something to zero. >> steve: 97. >> gretchen: 97 to 0 on the last attempt. it seems to be this disconnect in society where people want to took spending when you look at the poll, but then that's not really what happens on capitol hill. >> they don't want to -- the public wants it to be tackled, the americans want it to be. everybody wants it to be tackled except congress. >> steve: yeah. >> they better tackle it quickly. >> steve: we tackled the "new york times" this morning. we saw good news four and the busi
they're saying, we're going to let you raise the debt ceiling, mr. president, if you agree in three months to come up with a budget? you hate that idea? >> i don't like it because how long does it take to come up with a budget? you can come up with a budget -- they've been doing budgets for the last six years and we don't come up with budgets. they haven't come up with a budget -- i was looking just before in the senate, we haven't come up with a budget in years. how long does it take?...
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Jan 16, 2013
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president, what's the deal with the debt? i've been hearing a lot about the debt ceiling. what's my family's share? i'm just a kid. when i'm a grownup, i understand it could be hundreds of thousands of dollars. could you guys please cut spending now? >> brian: if you want to know if that is going to happen today, see if rand paul's grandson will be in there or somebody like that. if there's a republican child or michael j. fox's character, michael keating. >> gretchen: that would be a good one. let's talk about what the new york state has done now and governor cuomo. he immediately went on the attack to try and pass very expansive gun law legislation because many people are saying he wants to run for president next time around and he also was very concerned about the issue. but some people are saying this morning that what they passed last night is full of holes. we want to show you a graphic of a particular kind of weapon that has been banned, a rifle. this is a baneli 1 rifle. the reason it's banned is because you can see how you hold on to the gun there. that's called a
president, what's the deal with the debt? i've been hearing a lot about the debt ceiling. what's my family's share? i'm just a kid. when i'm a grownup, i understand it could be hundreds of thousands of dollars. could you guys please cut spending now? >> brian: if you want to know if that is going to happen today, see if rand paul's grandson will be in there or somebody like that. if there's a republican child or michael j. fox's character, michael keating. >> gretchen: that would be...
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i believe the debt ceiling. we're still talking about the tphe -- notre dame linebacker and lance armstrong. >>> a woman and her boyfriend triggered an avalanche on a mountain. lloyd getting trapped under the snow but her boyfriend able to find her and dig her out. lloyd said it was like having a little nap and treads her training and e-- and credits her training and equipment for her rescue. >> had a small pocket of air i created with my arm, and i decided the best situation for me is to meditate and breathe really slowly. >>brian: another skier helped bring her down the mountain. malloy was treated for profit bite and is expected -- was treated for frostbite and is expected to be okay. >>gretchen: a new treatment for the flu. researchers say it is faster and easier to control. it's approved for adults ages 18 to 49 an can help the protect against three strains of the flu. >>steve: a hunter crashes through the ice on the colorado river. but his side the entire time, his loyal dog. the pup waited and watched for
i believe the debt ceiling. we're still talking about the tphe -- notre dame linebacker and lance armstrong. >>> a woman and her boyfriend triggered an avalanche on a mountain. lloyd getting trapped under the snow but her boyfriend able to find her and dig her out. lloyd said it was like having a little nap and treads her training and e-- and credits her training and equipment for her rescue. >> had a small pocket of air i created with my arm, and i decided the best situation for...
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Jan 23, 2013
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those were the cuts that we put in place in the last debt ceiling. do you know this congress is only going to be the third congress since world war ii that cut discretionary spending year over year over year, even in all those terms and newt gingrich during that, they weren't able to do it as many times as we will. we have moved discretionary spending down. we want to see tax reform to expand the economy and go further. this is a succession. that will go into effect. then you have a cr that will go at the end of the month. that is another movement and an opportunity. >> gretchen: all right. congressman kevin mccarthy, nominate you for football coach potentially with your standing ovation. thanks for your time today. >> thanks for having me. >> gretchen: one of the most insane videos you're going to see all day long. (scream) >> gretchen: plane nearly taking out that biker. you might ask yourself what is the biker doing on the tarmac? the whole thing caught on camera. luke perry is back on the rodeo. can he deliver classic lines like this? stick aroun
those were the cuts that we put in place in the last debt ceiling. do you know this congress is only going to be the third congress since world war ii that cut discretionary spending year over year over year, even in all those terms and newt gingrich during that, they weren't able to do it as many times as we will. we have moved discretionary spending down. we want to see tax reform to expand the economy and go further. this is a succession. that will go into effect. then you have a cr that...
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right after the debt ceiling debate? >> yeah, i sure wish i knew on the timing. i think right now, the way we're structuring sug sessigestions i portfolios, yeah, risk on but with caution. i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity in small luxury names. why is that? >> yeah, that's the kind of thing that people even when they're stressed, they want to buy, whether it's a fancy bottle of booze , imported beer, something in a small box, maybe it's only cuff links, but it's in the blue box -- >> and that's just the desk right here, gary. >> blue box? >> you look for example at used merchandise stores, their stocks, they are growing in d
right after the debt ceiling debate? >> yeah, i sure wish i knew on the timing. i think right now, the way we're structuring sug sessigestions i portfolios, yeah, risk on but with caution. i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the...
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Jan 17, 2013
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earnings and the debt ceiling discussion. so expect that. but on the weakness we've been buying and i think when you get data like we did today in housing, again confirming that we're still in very early innings that means earnings revisions in the housing sector and food chain of financials and consumer as they feel better about home prices, all of that those numbers can eventually go higher and beyond housing i still like industrials because of the global story. i think that there's a lot more that can go. what's interesting today is the early cycle technology stocks. >> baker are you a buyer? >> buying. i think probably see a little bit of consolidation in the short term. for the last five days everybody has been buying on the dip. you'll see a little bit of a pull back. as we go through earnings we'll see more volatile. but buying on the dips. >> doc, you had no position. you took everything off ahead of the debt ceiling or ahead of the fiscal cliff or whatever was going on at that point in time. where your today? >> my toes are back in
earnings and the debt ceiling discussion. so expect that. but on the weakness we've been buying and i think when you get data like we did today in housing, again confirming that we're still in very early innings that means earnings revisions in the housing sector and food chain of financials and consumer as they feel better about home prices, all of that those numbers can eventually go higher and beyond housing i still like industrials because of the global story. i think that there's a lot...
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Jan 18, 2013
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people are now saying if debt ceiling is taken care of or deferred we don't have much to worry about. i think we have a little cold shower if we're looking at the economic growth forecast that involved major cuts whether it's sequestration, short-term government shutdown. i'm not an alarmist about what is going none d.c. but i feel like what we've done is the consensus has really been oscillating between over anticipating terrible things from d.c. to under anticipating them. i think we are in the latter situation right now. >> michael, it is joe. we may or may not next week get the announcement of a dell deal or potentially the deal falls through. what type of impact do you see in terms of sentiment on the overall s&p there would be if an actual deal is to occur or if it falls apart? >> i think it has to be followed by others. i think i actually feel like it is a one off thing. people are obviously eager to see something get done. you want to see the capital markets be able to achieve what on paper seems like an obvious deal. a company that probably should be private. and so i do thi
people are now saying if debt ceiling is taken care of or deferred we don't have much to worry about. i think we have a little cold shower if we're looking at the economic growth forecast that involved major cuts whether it's sequestration, short-term government shutdown. i'm not an alarmist about what is going none d.c. but i feel like what we've done is the consensus has really been oscillating between over anticipating terrible things from d.c. to under anticipating them. i think we are in...
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ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand paul faces charges of assaulting a flight attendant on a january 5th flight in addition to underage drinking and other charges. >>> the chicago transportation authority is suing united airlines. they claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled wate
ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand...
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you have a plan to deal with the debt ceiling. i want you to explain it. i've been skeptical of it, but i'm coming around and see that they might actually be some wisdom behind it and i'm giving you credit as a strong credit of the cliff deal. explain it. >> what's going forward right now, we do not want to give any long-term new debt limit as you go forward. so what we're saying is here is the senate that has not produced a budget. you know it, sean, your listeners know it, but not many across america. the last time this democrat-controlled senate passed a budget, the ipad wasn't even introduced yet and they've already gone through what, three different versions? so we're doing a short-term moving the debt limit past the april 15th deadline, 'cause the most responsible thing any elected official could do is do a budget. how do you plan for the future. so we move it to there and if you don't pass the budget you don't get paid and now what? before that time, those cuts that we fought for in the last debt limit. they go into effect the first of the month. >>
you have a plan to deal with the debt ceiling. i want you to explain it. i've been skeptical of it, but i'm coming around and see that they might actually be some wisdom behind it and i'm giving you credit as a strong credit of the cliff deal. explain it. >> what's going forward right now, we do not want to give any long-term new debt limit as you go forward. so what we're saying is here is the senate that has not produced a budget. you know it, sean, your listeners know it, but not many...
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. >>> president obama also has big battles looming over the debt ceiling, budget, immigration. he's already taking heat over the makeup of his cabinet. not enough women. let's talk about that later in the show. >>> and none of the president's second term agenda will be easy with the republicans in congress. take texas congressman steve stockman. he replaced ron paul and is making noise about impeaching the president. it's his second go around in congress. in '94 he was considered far to the right. now he fits in with some of these people. it says a lot how far they have come. >>> finally let me finish with a need for republicans again to choose sides. the wild bunch or the posse? this is "hardball," the place for politics. >>> coming up monday, president obama will deliver his second inaugural address as president. four years ago in his first address, the president paid tribute to the historic nature of his election. >> this is the meaning of our liberty and our creed why men and women and children of every race and every faith can join in celebration across this magnificent ma
. >>> president obama also has big battles looming over the debt ceiling, budget, immigration. he's already taking heat over the makeup of his cabinet. not enough women. let's talk about that later in the show. >>> and none of the president's second term agenda will be easy with the republicans in congress. take texas congressman steve stockman. he replaced ron paul and is making noise about impeaching the president. it's his second go around in congress. in '94 he was...
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. >>> president obama also has big battles looming over the debt ceiling, budget, immigration. he's already taking heat over the makeup of his cabinet. not enough women. let's talk about that later in the show. >>> and none of the president's second term agenda will be easy with the republicans in congress. take texas congressman steve stockman. he replaced ron paul and is making noise about impeaching the president. it's his second go around in congress. in '94 he was considered far to the right. now he fits in with some of these people. it says a lot how far they have come. >>> finally let me finish with a need for republicans again to choose sides. the wild bunch or the posse? this is "hardball," the place for politics. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> coming up m
. >>> president obama also has big battles looming over the debt ceiling, budget, immigration. he's already taking heat over the makeup of his cabinet. not enough women. let's talk about that later in the show. >>> and none of the president's second term agenda will be easy with the republicans in congress. take texas congressman steve stockman. he replaced ron paul and is making noise about impeaching the president. it's his second go around in congress. in '94 he was...
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Jan 20, 2013
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. >> and also the question of the debt ceiling, which, you know, apparently is going tok extended. but, chuck, as long as those things are looming on the horizon, this president cannot fully pursue his own agenda. he's got to sort of address the immediate spending, the immediate fiscal issues that are facing the country right now. >> tom cole, this is obviously going to be the first showdown, this issue of spending and the debt and how it gets solved will determine what else could get done. i think with that probably there would be universal agreement. what do you want to hear from him tomorrow as a republican, as a -- i mean, what do you think is the right message for him? >> well, i think he needs to honestly transcend what he's done thus far. look, he's a very significant person in american history already not just because he's the first african-american. he's got some big wins -- health care, stimulus, dodd/frank. but all of those things have been done essentially with nothing but democratic support. you're not going to have that the second term. he comes in actually as a secon
. >> and also the question of the debt ceiling, which, you know, apparently is going tok extended. but, chuck, as long as those things are looming on the horizon, this president cannot fully pursue his own agenda. he's got to sort of address the immediate spending, the immediate fiscal issues that are facing the country right now. >> tom cole, this is obviously going to be the first showdown, this issue of spending and the debt and how it gets solved will determine what else could...
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Jan 17, 2013
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we know we have got more on the debt ceiling, we know that republicans are already losing on that. so we have got to be very careful on that. the president knows that and that's part of the strategy of going directly to northwestern people. >> let's take a look at a new cnn time orc poll that talks about that stricter gun control laws and what the temperature is. 55% favor districter gun control laws. and then if we look back just a little bit further to "the washington post," abc poll, they talk about armed guards in schools. this is where the dichotomy in school -- the poll shows that 55% support having armed guards in school whereas 52% oppose that. and karen, i want to start with you on this one. because for the people on the left who are proud to say they support second amendment rights, we look at that contrast there where people want to see districter gun control laws, but they also think that there is a legitimate discussion to be had about having armed guards at school. >> we haven't had that discussion. remember the -- thomas -- when you talk about having armed guards, yo
we know we have got more on the debt ceiling, we know that republicans are already losing on that. so we have got to be very careful on that. the president knows that and that's part of the strategy of going directly to northwestern people. >> let's take a look at a new cnn time orc poll that talks about that stricter gun control laws and what the temperature is. 55% favor districter gun control laws. and then if we look back just a little bit further to "the washington post,"...
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Jan 19, 2013
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kristen hit on them there, gun, immigration, among the biggest, the debt ceiling and president obama has a lot offy second-term agenda, but many seem skeptical and in our latest wall street journal poll asked where america is headed, nearly 60% of the people polled used negative words like wrong track, downhill. joining me now to talk about all of this, christina antonio, political reporter, and ed o'keefe for "the washington post". good to have you guys in the flesh. usually it's in double boxes and this is a nice treat. >> let's throw another number on the screen, christina. this is the president's approval rating as he goes into his second term. right now, 52%, according to the poll, say they approve of the job that president obama is doing so far. how does that compare to other two-term presidents? >> he is not quite as popular as many other presidents and he's a little bit higher than george w. bush was going into his second term, but it really reflects that and when you look at the breakdown of the job approval rating and what people like, he's okay, just over the 50% mark in t
kristen hit on them there, gun, immigration, among the biggest, the debt ceiling and president obama has a lot offy second-term agenda, but many seem skeptical and in our latest wall street journal poll asked where america is headed, nearly 60% of the people polled used negative words like wrong track, downhill. joining me now to talk about all of this, christina antonio, political reporter, and ed o'keefe for "the washington post". good to have you guys in the flesh. usually it's in...
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no debt ceiling. one of those congressmen will join me on the other side of this break. >> congress is more removed from this issue than mayors are. congress people don't get called in the middle of the night when a police officer has been shot. mayors do. >> one of those mayors, l.a.'s antonio villaraigosa coming up in the next hour. keep it here. this is msnbc, the place for politics and cool music picked out by producers in new york city. ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. ♪ doing it with a cold, just not going to happen. vicks dayquil -- powerful non-drowsy 6-symptom cold & flu relief. ♪ no matter what city you're playing t
no debt ceiling. one of those congressmen will join me on the other side of this break. >> congress is more removed from this issue than mayors are. congress people don't get called in the middle of the night when a police officer has been shot. mayors do. >> one of those mayors, l.a.'s antonio villaraigosa coming up in the next hour. keep it here. this is msnbc, the place for politics and cool music picked out by producers in new york city. ♪ i don't wanna be right [ record...
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we can't have every three month a debt ceiling crisis. someone is going to have to come up with some way from stopping these people from being drama kings and drama queens. >> drama's out. >> is that your headline? >> mine is basically with a call for unity, obama presses assertive domestic agenda. i don't expect him to tick off the details, for example, of gun regulation. he already did that last week, but i think he is going to use the bully pulpit here for the idea that he can really lead us to more action on the domestic front in congress. >> and one other point. the facetious headline i came up with him being born in the united states. we need to get past all this. it's time to stop this because it's counterproductive and it's causing a paralysis. >> and i would briefly say it's not that we need to get past it, we have to call out who is responsible for t.only one group that's still trading in birtherism, it's a one-sided problem. >> i'd like, to if we could, pull up your headline again. i don't know if we can do that. >> yes, sir. >
we can't have every three month a debt ceiling crisis. someone is going to have to come up with some way from stopping these people from being drama kings and drama queens. >> drama's out. >> is that your headline? >> mine is basically with a call for unity, obama presses assertive domestic agenda. i don't expect him to tick off the details, for example, of gun regulation. he already did that last week, but i think he is going to use the bully pulpit here for the idea that he...
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>> well, we do have some crises that we're going to have to face, the debt ceiling, we're going to have to deal with sequestration as well as the concurrent resolution, and i'm convinced that in order to get something moving forward in a positive way, that speaker boehner's going to have to release republicans from just being bound to the party and do what's best for the country. so i hope this is a breakthrough. as for having this as a victory, if it's a victory for anything, it's a victory for our country. people can go to sleep at night knowing that god forbid if they have a catastrophe in their country, they may not be able to depend on the local people to come forward or the states, but they can depend on their congress to be there as historically we have always been. this is the first time we have had any type of controversy in getting it done, but late, delayed, yes, but was it done, you bet your life. >> new york congressman charlie rangel. thanks for your time. i appreciate it. >> thank you. >>> so the final outstanding issue involving president obama's inauguration next monday
>> well, we do have some crises that we're going to have to face, the debt ceiling, we're going to have to deal with sequestration as well as the concurrent resolution, and i'm convinced that in order to get something moving forward in a positive way, that speaker boehner's going to have to release republicans from just being bound to the party and do what's best for the country. so i hope this is a breakthrough. as for having this as a victory, if it's a victory for anything, it's a...
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once we are through the debt ceiling what leverage do republicans have? and the last chance to derail the term. i think i know what happens, the same thing that has happened always when we have had so many break outs they are left behind by the wall of worry. ask yourself, do you think that this many analysts could be right? do you think that these companies are going to prove to be brilliant exit prices? no. i bet that this is one of those moments where the world economies are going to be better. i say that because it is the same behavior i've seen over and over and over again. down days are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run, but wakes itself up perhaps with my alarm clock and if history serves me right, when stocks awaken they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob. >> it is great to talk to you. south florida by way of teaneck, new jersey. i'm calling about
once we are through the debt ceiling what leverage do republicans have? and the last chance to derail the term. i think i know what happens, the same thing that has happened always when we have had so many break outs they are left behind by the wall of worry. ask yourself, do you think that this many analysts could be right? do you think that these companies are going to prove to be brilliant exit prices? no. i bet that this is one of those moments where the world economies are going to be...
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debt ceiling. what are you going to scare us with about washington after that's over and you faked everyone out and got them to sell? i rolled my eyes, i defended myself, saying that all three of threes issues were and are worthy of worry and i told people to stay the course, like he could care. he said, again, what washington horror story are you going to gin up, cramer? and i said impact on spending of higher taxes, coming affordable care act, instead i said wisely no, that's it. maybe it would be good if you focused on the stock market again. ouch! but it did get me thinking. we have seen bank stocks go higher, today, last week, putting washington behind them. and it didn't look like the bank killing dodd frank had much impact on goldman sachs or jp morgan. high-end retails rally, and it incurred, and we keep acting as it has, and no cessation of home buying according to lennar, and the sandy bailout will kick in by the end of the second quarter, home depot will fly. we're through two of the was
debt ceiling. what are you going to scare us with about washington after that's over and you faked everyone out and got them to sell? i rolled my eyes, i defended myself, saying that all three of threes issues were and are worthy of worry and i told people to stay the course, like he could care. he said, again, what washington horror story are you going to gin up, cramer? and i said impact on spending of higher taxes, coming affordable care act, instead i said wisely no, that's it. maybe it...
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debt ceiling. the last obstacle may be the least dangerous, judging by what happened last year with the overly dreaded debt downgrade and what's happening now. take your cue from the markets. here is the bottom line. washington fright fest is almost over, people. maybe time to break out the dr. strangelove handbook and learn how to stopped worrying and love the irrelevant gridlock that will soon face, once the debt ceiling is raised, and politics cease to be the biggest factor in our investment thinking. kevin in washington, kevin. >> caller: booyah, mr. brilliant one. a quick question. you know, with the higher cost of foods and energy, and the lower incomes we're all expecting, the average working person, do you think we can return to the dependence on our credit cards? if we are, is master card a good buy? >> i like master card, my charitable trust owns it, ebay, that stock soaring in afterhours. master card is a paper to plastic worldwide trend, not so much we get hooked in debt or not. and i'v
debt ceiling. the last obstacle may be the least dangerous, judging by what happened last year with the overly dreaded debt downgrade and what's happening now. take your cue from the markets. here is the bottom line. washington fright fest is almost over, people. maybe time to break out the dr. strangelove handbook and learn how to stopped worrying and love the irrelevant gridlock that will soon face, once the debt ceiling is raised, and politics cease to be the biggest factor in our investment...
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Jan 18, 2013
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supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while analysts were determined to tell you the housing is about to go tepid. numbers don't fit into the scenario, not a negative one and that's the story of the market right now the bullish facts are getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one -- sell, sell, sell! this feels like a moment like the mid-1980s where the bulls are in control, ala boeing today. it seems like when i was a young, curly haired kid. at goldman sachs. calling them rich people. f
supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while...
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ceiling, the sequester, the continuing resolution in d.c. that are on the surface. our sense is customers are gaining confidence, they're willing to make marginal investments, but they're going to be very measured steps and they're going to be reflective of a loan environment that's commensurate with a 2% to 3% growth economy. given that we think we'll get our fair share, we'll put some very profitable relationships long-term high-quality relationships on the balance sheet, and at the end of the -- this cycle, we're going to feel very, very good about how our customer business is structured and what that means for long returns. >> bryan, i've got to tell you, this group is going to get hot. i know it has to. and bryan's the chairman, president, and ceo of first horizon national. thank you so much, sir, for coming on the show. >> thank you, jim. thanks for having me. >> we still don't have the confidence. and that's really hurting a lot of the lending in this country. well, look, we get it, these stocks are going to rocket. let's put it that
ceiling, the sequester, the continuing resolution in d.c. that are on the surface. our sense is customers are gaining confidence, they're willing to make marginal investments, but they're going to be very measured steps and they're going to be reflective of a loan environment that's commensurate with a 2% to 3% growth economy. given that we think we'll get our fair share, we'll put some very profitable relationships long-term high-quality relationships on the balance sheet, and at the end of...
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. >>> just a few hours ago paul ryan claimed to have the solution to our debt ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john, we've seen speaker boehner's power getting weaker and weaker. is paul ryan now the de facto head of the gop? >> well, you know, actually, martin, i think he has been much more influential than people realize -- >> because he's been quite quiet publicly. >> going back to 2011. he has so much respect within that republican caucus. he's the guy who killed simpson/bowl simpson/bowles. he was on the simpson/bowles commission and wasn't willing to have any revenue increases. his fingerprints were not on it. and then when it came to the grand bargain, he told john boehner wait until the election. don't do this deal.
. >>> just a few hours ago paul ryan claimed to have the solution to our debt ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john,...
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of course, that means another debt ceiling debate is just three months away. joining us now, bill cohen, a columnist at bloomberg view and by phone we have nbc's luke russert in williamsburg, virginia, covering the house republicans. welcome to both of you. >> thank you, karen. >> luke, i want to start with you. republicans are calling it a plan, democratic leader nancy pelosi call it is a gimmick. it sounds more like -- i mean, my read initially was this is more like political posturing rather than a serious deal. what are you hearing down there? >> well, it certainly is something that's meant to try and force the senate to act. you know, the senate has not passed a suggest in over 1,300 days and that's a popular rallying cry of the house gop. but what came out of this retreat was the idea instilled in members that it's probably not beneficial with the republican brand so damaged nationally to have a real standoff over the debt limit. this is a way they're trying to get passed that, a three-month extension. they're not demanding any cuts. all they're demandin
of course, that means another debt ceiling debate is just three months away. joining us now, bill cohen, a columnist at bloomberg view and by phone we have nbc's luke russert in williamsburg, virginia, covering the house republicans. welcome to both of you. >> thank you, karen. >> luke, i want to start with you. republicans are calling it a plan, democratic leader nancy pelosi call it is a gimmick. it sounds more like -- i mean, my read initially was this is more like political...
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ceiling, use sequestration, any monkey wrench they can throw into the machinery they will throw into the machinery. that's a different faction than the republican party as it used to be and as in some cases it still is. >> yeah. well, chris, you know, it's interesting you said that because in talking to my -- a few of my republican friends as we left the inauguration, they were saying that they were a little tired of the tea party. these are republicans, a little tired of it, because these were friends of boehner. they felt that speaker boehner was doing a good job, but at the same time in trying to do some things with this president, i'm not talking about center, i'm talking about even right of center, and they were complaining after listening to the speech that there could be and should be more cooperation. but, again, you got about 50 tea partiers that are very active and very much to the far, far right. >> yeah. >> yeah, and they don't come to washington to listen or to meet anybody or to find common ground. they come here to issue no votes and issue press releases and go home an
ceiling, use sequestration, any monkey wrench they can throw into the machinery they will throw into the machinery. that's a different faction than the republican party as it used to be and as in some cases it still is. >> yeah. well, chris, you know, it's interesting you said that because in talking to my -- a few of my republican friends as we left the inauguration, they were saying that they were a little tired of the tea party. these are republicans, a little tired of it, because...